Economics Commons^™

Tuberkulosis Di Indonesia: Apakah Status Sosial-Ekonomi Dan Faktor Lingkungan Penting?, Amalia Kusumaningrum, Grace Wulandari, Achmad Kautsar

Jurnal Ekonomi dan Pembangunan Indonesia

This study aims to find the social-economic status and environmental factors for tuberculosis in Indonesia by using Indonesia Family Life Survey (IFLS) data in 2014. First, this study analyzes individual characteristics with regression logistic method. Second, this study estimating social-economic status by entering a correction from the first stage. Meanwhile at the third stage, adding factors home environmental conditions and entering a correction from the previous stage. This study find that household income is the affecting factors, especially for households with incomes of less than IDR 600.000. In additions, level education especially high school and college also has a significant …

Analisis Implementasi Kebijakan Harga Minimum Industri Rokok Di Indonesia, Khomsun Arifin, Abdillah Ahsan, Adela Miranti Yuniar

Jurnal Ekonomi dan Pembangunan Indonesia

Large companies have the financial power to play a price strategy so it can threaten the existence of small companies. In this case, the government implements a minimum price policy to protect small entrepreneurs from unfair price competition. This paper aims to determine the correlation between implementing the minimum price policy and the price strategy in the cigarette industry. Using panel data of DJBC market transaction price survey for 2015-2019 period covering 199 cigarette brands in 25 Indonesian provinces and random effect model, the study found that the implementation of the minimum price policy (HTP 85%) is significantly correlated with …

Pengaruh Modal Manusia Terhadap Transisi Tenaga Kerja Formal Menjadi Informal Pada Masa Pandemi Covid-19, Tasmilah Tasmilah, Devanto Shasta Pratomo, Wildan Syafitri

Jurnal Ekonomi dan Pembangunan Indonesia

This study aims to examine the effect of human capital on the transition of formal to informal labor during the Covid-19 pandemic. Human Capital in this study includes education, training, experience, skills, and the use of digital technology and the internet. Using Sakernas data in August 2019 and 2020, logistic regression was conducted to estimate the effect of human capital on the formal labor transition. Based on analysis, human capital has a significant effect on the transition of formal labor during the pandemic. Education, training, and use of digital technology and the internet will prevent the transition of formal to …

Intergenerational Transmission Of Occupation In The United States, Swapnil Landge

Publications and Research

This paper explores the persistence of inequality via intergenerational transmission of occupations using the Panel Study of Income Dynamics (PSID) data from 1968 to 2001 of 56,952 unique parent-child pairs. I find that having a father who is in the top and bottom strata† of the socioeconomic professional category has a positive and significant effect on the probability that a son will follow the same professional category as the father, which supports my main hypothesis of persistence of income inequality concerning the transmission of the occupations. The main concern that has been addressed in this paper is that the intangible …

Evaluating The Impact Of Bitcoin On International Asset Allocation Using Mean-Variance, Conditional Value-At-Risk (Cvar), And Markov Regime Switching Approaches, Mohammadreza Mahmoudi

Graduate Research Theses & Dissertations

This paper aims to analyze the effect of Bitcoin on portfolio optimization using mean-variance, conditional value-at-risk (CVaR), and Markov regime switching approaches. I assessed each approach and developed the next based on the prior approach’s weaknesses until I ended with a high level of confidence in the final approach. Though the results of mean-variance and CVaR frameworks indicate that Bitcoin improves the diversification of a well-diversified international portfolio, they assume that assets’ returns are developed linearly and normally distributed. However, the Bitcoin return does not have both of these characteristics. Due to this, I developed a Markov regime switching approach …

The Impact Of Credit On Domestic Investment: Case Of West African Economic And Monetary Union Countries, Sylvie Sanou

Graduate Research Theses & Dissertations

This thesis evaluates the impact of credit offered by the banking system on the investment rate of seven West African countries that are members of the West African Economic and Monetary Union (WAEMU) countries using data from the World Bank dataset from 1996-2012. Using a fixed effect model and random intercept model, I find that the credit offered by the banking system to private investors has a positive and statistically significant effect on the investment rate. In contrast, no significant effect was found for the credit offered by the banking system to the government. Further, I find a negative relationship …

Enhanced Maximum Likelihood Models For Underreported Variables: Extending To Multiple Claims Dimension, Shalaka Sudhanshu Sarpotdar

Graduate Research Theses & Dissertations

This thesis builds upon the foundations laid out in Xia et al. [2023], which explored the utilizationof Maximum Likelihood approach to model misrepresentation data in Generalized Linear Models (GLM) ratemaking models. We introduce the concept of “underreported variables”, a form of insurance misrepresentation where insured individuals provide inaccurate information about risk factors that influence insurance eligibility, premiums, and insured amounts. Unlike fraudulent misrepresentation, underreported variables arise from a lack of awareness regarding the insured’s mental and physical health conditions, rather than fraudulent intent. The study rigorously tests the proposed model using health insurance data and extends its applicability to other …

Essays On Parental Migration In China And Performance Of Two Asset Pricing Models, Yuqing Song

Graduate Research Theses & Dissertations

This dissertation comprises two research strands. The first strand investigates the migration choices of parents in rural China and their specific impact on children's educational outcomes. The second strand delves into the realm of financial econometrics, focusing solely on the performance of two asset pricing models on days scheduled for important macroeconomic news announcements.

The first essay places emphasis on the migration decisions of two-parent households with school-aged children. The findings affirm the hypothesis that household characteristics, rather than each parent’s personal traits, play an important role in determining parents’ migration choices.

The second essay examines the short-run effects of …

Excess Capacity In The Banking Sector And Its Effects On The Sub-Saharan Economy, Fu-Ad Wumpaeh Alhassan

Masters Theses

The banking sector plays a critical role in driving economic growth and financial stability in any region. However, the issue of excess capacity within this sector can have a profound effect on the overall health of the economy. This study investigates the excess capacity in the banking sector within the context of the Sub-Saharan region and explores its implications on the economic performance of countries within this area.

This research employed a mixed methods approach that combines both quantitative and qualitative analyses. Firstly, a review of existing literature on excess capacity in the banking sector and its impact on economies …

Three Essays On The Effects Of Parental Income And Labor Supply On Child Health And Labor Market Outcomes., Kassahun Mamo Geleta

Graduate Research Theses & Dissertations

This dissertation constitutes three separate essays on labor and health economics using the Panel Study of Income Dynamics (PSID) dataset. The first essay examines the long-run effect of childhood poverty on labor market outcomes using propensity score matching (PSM) and average causal mediation effect (ACME) methods. The results show that persistent childhood poverty significantly decreases average annual labor income and hours worked, whereas it increases the number of weeks unemployed per annum during adulthood. The study also shows that a significant portion of the total effect of childhood poverty on labor market outcomes passes indirectly through its negative effect on …

China’S "Greek Gift" To Africa: A Myth Or Reality, Chibuzo Uchechukwu Victor Obasi

Graduate Research Theses & Dissertations

Two differing perceptions have dominated explanations of the relationship between China and Africa. The first is often held in the West and sees China as an exploitative force that has latched onto Africa's quest for development partnerships to exploit the continent economically. The second considers the China-Africa partnership more positively and views China as a trustworthy ally. Advocates argue that China has no history of colonial ambitions in Africa. Instead, China intervened in Africa to fill the financing gap and tackle the development challenges in Africa with no political strings attached. Perception of which view is mainly correct depends on …

Would Ai Stocks Estimate Be As Surprised To Usda Stocks Reports As Private Market Analysts?, Asif Mahmud Chowdhury

Electronic Theses and Dissertations

The USDA survey-based Quarterly Agriculture Stocks (QAS) reports are the primary source of information regarding the relative supply of U.S. corn, soybeans, and wheat for the last fifty years. Research has examined USDA stock reports and their relevancy to the market (e.g., Isengildina-Massa et al., 2021). In addition, private industry analysts estimate expected quarterly grain stock reports before USDA releases them. Market information firms such as Bloomberg and Reuters publish a subset of these estimates a few days before the USDA reports. Previous research has found that when industry analysts have significant differences in stock expectations compared to what the …

Dana Desa Dan Perkembangan Status Desa: Studi Kasus Kabupaten/Kota Di Indonesia, Yore Isti Tosan Aji, Riatu Mariatul Qibthiyyah

Jurnal Ekonomi dan Pembangunan Indonesia

Village development and improving village status are among the main agendas of the Indonesian Government. Village fund maybe have an important role, however, empirical studies on village funds and village status are still limited. This study aims to prove impact of the village fund on the development of village status according to the Village Development Index in Indonesia. Using First Difference method between 2014 and 2018, we found that village funds had a partially significant impact on the development of village status. Although statistically significant, the regression coefficient shows a small economic impact.

Freedom And Heteronomy In The Anthropocene, Alexander M. Stoner, Harry F. Dahms

Journal Articles

No abstract provided.

Forward Guidance Effectiveness In A New Keynesian Model With Housing Frictions, Stephen J. Cole, Sungjun Huh

Economics Faculty Research and Publications

Housing markets are closely related to monetary policy. This paper studies the link between housing frictions and the effectiveness of forward guidance. A housing collateral constraint and forward guidance shocks are incorporated into a standard medium-scale New Keynesian Dynamic Stochastic General Equilibrium (DSGE) model. Our main results produce a number of important implications. First, financial frictions emanating from the housing market dampen the effectiveness of forward guidance on the economy. Second, forward guidance shocks generate welfare gains, though the magnitude of these gains declines when housing frictions increase. Housing frictions also attenuate the effect of forward guidance at the zero …

Young Adult Substance Use Following Involuntary Job Loss, Nicholas A. Jolly, Gwendolyn J. Davis

Economics Faculty Research and Publications

This paper uses data from the Panel Study of Income Dynamics to study the relationship between job displacement and substance use among young adults. Results show that displacement is associated with increases in the probability of smoking cigarettes and drinking and the intensity of consuming alcohol and marijuana. Men, whites, and those who live with family/friends at the time of displacement are more likely to use hard drugs after job loss. Findings suggest that government policy designed to aid displaced workers should contain provisions to anticipate and respond to substance use disorders that may arise, particularly among younger job losers.

Firm-Level Political Risk And Corporate R&D Investment, Emmanuel Boah

Electronic Theses and Dissertations

I examine how firms make R&D investment decisions during periods of political uncertainty. To minimize stickiness and overly generalized assumptions, I employ quarterly data. I find that firms invest more in R&D when facing high levels of political risk. The results suggest that this positive relationship between political risk and R&D investment is more pronounced for competitive and politically sensitive firms. Additionally, the positive association is evident among firms with higher growth opportunities and more liquid assets. The results are robust to the test for correlation, addressing endogeneity, and alternative proxies adopted for the variables of interest. Overall, the findings …

Simulating The Impact Of Emissions Control On Economic Productivity Using Particle Systems And Puff Dispersion Model, Najam Khan

Electronic Theses and Dissertations

A simulation platform is developed for quantifying the change in productivity of an economy under passive and active emission control mechanisms. The program uses object-oriented programming to code a collection of objects resembling typical stakeholders in an economy. These objects include firms, markets, transportation hubs, and boids which are distributed over a 2D surface. Firms are connected using a modified Prim’s Minimum spanning tree algorithm, followed by implementation of an all-pair shortest path Floyd Warshall algorithm for navigation purposes. Firms use a non-linear production function for transformation of land, labor, and capital inputs to finished product. A GA-Vehicle Routing Problem …

Affective Interdependence And Welfare, Aviad Heifetz, Enrico Minelli, Heracles M. Polemarchakis

Cowles Foundation Discussion Papers

Purely affective interaction allows the welfare of an individual to depend only the individual’s own action and on the profile of welfare levels of others. Under an assumption on the structure of mutual affection that we interpret as non-reinforcing mutual affection, we show that equilibria of affective interaction are Pareto optimal. Moreover, if purely affective interaction induces a standard game, then an equilibrium profile of actions is a Nash equilibrium of the induced game, and this Nash equilibrium and Pareto optimal profile of strategies is locally dominant.

An Examination Of Transitioning Meso-Institutions And Markets In The Landscape Of American Politics, Devin Thomas Marconi

Graduate Student Theses, Dissertations, & Professional Papers

This paper bridges the gap in the literature between sociological accounts of market actors provided by Mark Granovetter and Douglas North, meso-institutional examinations of polarization provided by Paul Pierson and Eric Schickler, and the psychological exploration into cross-cutting identities provided by Liliana Mason. I argue that the nationalization and concentration of markets, identities, and politics have led to a transition within the meso-institution of the market from maintaining self-regulating punishment mechanisms to replacing them with self-reinforcing mechanisms, exacerbating affective polarization. Previous works explore the transition within the meso-institutions of the media, interest groups, and political parties. I include the market …

Carbon Leakage: Evidence From French Trade Data, Jared Gibbs

Graduate Student Theses, Dissertations, & Professional Papers

Pollution leakage has existed as a concern of both trade theory and domestic policy since questions of the environmental impact of economic activity entered the literature. With the growing threat of climate change and the proliferation of carbon pricing policies around the world, the value of robust estimate of the extent of carbon leakage is particularly acute. Using a pseudo poisson maximum-likelihood (PPML) estimator, I examine French trade volumes to identify potential evidence of carbon leakage. To that end, the net carbon tax between France and its trading partners is regressed on the trade volume in 318 carbon intensive goods. …

Socio-Economic Comparative Analysis Of Front-Of-The-Meter And Behind-The-Meter Microgrids For Panamnik, Olivia C. Amann Mcshea

Cal Poly Humboldt theses and projects

In Northern California, the Karuk Tribe is feeling the effects of climate change on inadequate energy infrastructures leading to unreliable power supply. Improving energy reliability in a way that also increases energy sovereignty is necessary. Renewable energy microgrids have emerged as a pathway forward.

Modeling ownership structures and cash flows for different microgrid configurations can support the Tribe’s implementation of a microgrid in Orleans, CA that maximizes community benefits. This thesis considers a front-of-the-meter (FTM) and behind-the-meter (BTM) configuration, both approximately 2 MW solar PV and 3 MW/12 MWh battery energy storage. Cash flows including capital costs, operations and maintenance …

How Public Health Expenditure Affect Health Outcomes In Cameroon, Gilbert Njinju Ayimaleh

Walden Dissertations and Doctoral Studies

Most African governments, and Cameroon in particular, have identified the reduction of infant mortality and life expectancy in Africa as a critical priority. The United Nations Millennium Development Goals set a target objective of reducing infant mortality by 60% from 1990 to 2015 in less-developed countries. Good health contributes significantly to the attainment of sustainable development and health outcomes. Despite Cameroon’s progress in achieving health-related Millennium Development Goals regarding reducing infant mortality and increasing life expectancy, the country is still worse in respect to health outcomes compared to other Sub-Saharan Countries like Nigeria and Ghana thus more need to be …

Logistics Leader Strategies For Retaining Employees, Sandra Northern

Walden Dissertations and Doctoral Studies

Low employee retention can lead to a lack of the knowledge, skills, and abilities required for sustainable logistics operations. Logistics leaders are concerned with employee retention because turnover increases business costs, reduces operational efficiency, and decreases profitability. Grounded in Herzberg’s two-factor theory, the purpose of this qualitative single case study was to explore strategies logistics leaders use to increase employee retention. The participants were three senior leaders from a logistics organization in the northeast region of the United States who possessed knowledge and experience of the research phenomena. Data were collected through semistructured interviews, company documents, publicly available data, and …

Gender-Based Pay Inequality In The Canadian Insurance Companies, Mostafa Shayangogani

Walden Dissertations and Doctoral Studies

AbstractThe problem in this study was gender-based pay inequality among women at Canadian insurance companies. The purpose of this hermeneutic phenomenological study was to understand gender-based pay inequality for women at Canadian insurance companies. Aigner's, Cain's, Arrow's, and Phelps' statistical discrimination theory guided the study. The theoretical foundation also included the human capital theory by Becker and Schultz. The research questions focused on understanding C-suite and V-level executives’ lived experiences of gender-based pay inequality and identifying effective strategies that should be adopted to overcome the problem at Canadian insurance companies. This study used purposeful sampling to recruit 15 C-suite and …

Noneconomic Objectives, Global Value Chains And International Cooperation, Bernard M. Hoekman, Petros C. Mavroidis, Douglas R. Nelson

Faculty Scholarship

Systemic conflicts increasingly affect the global value chains (GVCs) underpinning globalization by creating policy uncertainty and politicizing trade and investment decisions. Unilateral policies to attain competitiveness and noneconomic objectives (NEOs), including national security, create incentives for international cooperation to attenuate policy spillovers. Recent initiatives seeking to do so are organized around supply chain governance and need not be anchored in trade agreements. Whether such cooperation is feasible and can be designed to be effective in realizing NEOs is unclear. Plurilateral GVC-centered cooperation offers a potential path for states to pursue NEOs and reduce policy uncertainty for international business. Research offers …

Beyond The Labor Exemption: Labor's Antimonopoly Vision And The Fight For Greater Democracy, Kate Andrias

Faculty Scholarship

Although the labor movement and the antimonopoly movement both oppose concentrated economic power and bemoan rising inequality, their projects are frequently viewed as divergent, if not incompatible. According to the conventional account, the labor movement has historically lacked an affirmative antimonopoly agenda, instead focusing its demands on achieving a labor exemption to the antitrust laws. This chapter shows, however, that left-leaning industrial unions from the late nineteenth century through the mid-twentieth century repeatedly and insistently used the language of antimonopoly to argue that private concentrations of economic power posed a grave threat to workers and to democracy. But labor’s vision …

Price Gouging In A Pandemic, Christopher Buccafusco, Daniel Hemel, Eric L. Talley

Faculty Scholarship

The COVID-19 pandemic led to acute supply shortages across the country as well as concerns over price increases amid surging demand. In the process, it reawakened a debate about whether and how to regulate “price gouging” — a controversy that continues as inflation has accelerated even as the pandemic abates. Animating this debate is a longstanding conflict between laissez-faire economics, which champions price fluctuations as a means to allocate scarce goods, and perceived norms of consumer fairness, which are thought to cut strongly against sharp price hikes amid shortages.

This Article provides a new, empirically grounded perspective on the price …

A Taxonomy Of Non-Dictatorial Unidimensional Domains, Shurojit Chatterji, Huaxia Zeng

Research Collection School Of Economics

Non-dictatorial preference domains allow the design of unanimous social choice functions (henceforth, rules) that are non-dictatorial and strategy-proof. On a class of preference domains called unidimensional domains, we show that the unique seconds property characterizes all non-dictatorial domains. Subsequently, we provide an exhaustive classification of all non-dictatorial, unidimensional domains, based on a simple property of two-voter rules called invariance. The domains constituting the classification are semi-single-peaked domains and semi-hybrid domains (introduced here) which are two appropriate weakenings of single-peaked domains and shown to allow strategy-proof rules to depend on non-peak information of voters' preferences; the canonical strategy-proof rules for these …

Volatility Puzzle: Long Memory Or Antipersistency, Shuping Shi, Jun Yu

Research Collection School Of Economics

The log realized volatility (RV) is often modeled as an autoregressive fractionally integrated moving average model ARFIMA(1, d, 0). Two conflicting empirical results have been found in the literature. One stream shows that log RV has a long memory (i.e., the fractional parameter d > 0). The other stream suggests that the autoregressive coefficient α is near unity with antipersistent errors (i.e., d